Sam Diala, THEWILL

August 22, (THEWILL) - The Federal Inland Revenue Service (FIRS) has urged all international shipping companies operating in the Nigerian territorial waters to regularise their tax positions immediately. A public notice signed by the Executive Chairman, FIRS, Muhammad Nami,...

August 22, (THEWILL) - Oil and gas opportunities valued over $50bn and projected to be developed within five years were showcased by international and indigenous companies at the 2023 Nigerian Oil and Gas Opportunity Fair (NOGOF) which ended...

August 22, (THEWILL) - Stanbic IBTC Holdings has adopted a new name for its financial technology arm that was launched in May after 16 months in the works, the Tier-2 financial services group announced Monday. Stanbic IBTC Financial Services...

August 21, (THEWILL) - Global financial service firm JP Morgan has estimated Nigeria’s net FX Reserve to be around $3.7 billion which far contradicts the $37.15 billion reported by the Central Bank of Nigeria (CBN) as of December 31,...

August 20, (THEWILL) - The board of Zenith Bank Plc has announced a delay in the release of its 2023 Half-Year (HY) financial results due to post-audit issues. This was disclosed in the company’s statement to the Nigerian Exchange...

The announcement by the Nigerian National Petroleum Company Limited (NNPCL) on August 16, 2023 that it had secured a $3 billion emergency crude repayment loan from the African Export-Import (AFREXIM) bank to stabilise the naira, has generated mixed reactions. While...

August 18, (THEWILL) - The Central Bank of Nigeria (CBN) has introduced a foreign exchange (FX) price verification system (PVS) portal to enable importers to access forex. The CBN, in a statement on Thursday night, said a price verification...

August 17, (THEWILL) - The Chartered Institute of Bankers of Nigeria (CIBN) has said that the foreign exchange reform introduced by the Central Bank of Nigeria (CB) which involves floating the naira, is unsuitable for economic development. In a...

August 17, (THEWILL) - The Nigerian National Petroleum Company Limited (NNPCL) has explained that the $3 billion crude oil loan agreement it signed with the African Export-Import (AFREXIM) bank was not tied to a sovereign guarantee and will not...

August 16, (THEWILL) - An economist, Mr. Marcel Okeke has warned that corruption could derail President Bola Ahmed Tinubu's recently announced palliatives if not properly monitored and implemented, such that whatever ‘goodies’ that come the way...